Fast-track Business Activation Mechanism

How to take advantage of the ‘Fast-track Business Activation Mechanism’ in Cyprus

The Cyprus scheme for ‘Fast-track Business Activation Mechanism’ (the “Scheme”) was adopted on 3 September 2020 by the Council of Ministers and aims to facilitate the establishment and re-domiciliation of businesses from third  (non-EU) countries to Cyprus. The scheme, which operates  under the Ministry of Energy, Commerce and Industry headed by Mrs Natasa Pilidou, was…

Key Economic Sectors

Investing in Cyprus: Key Economic Sectors

The Cypriot economy is seen as one of the fastest-growing economies in the Eurozone, having followed a continuous upward trajectory in recent years. This strong momentum does not show any signs of slowing down. Many key investment sectors on the island are flourishing, and foreign investment has continued to flow in at a steady pace,…